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Malta: Government Passes Three Laws to Encourage Blockchain Technology

(Aug. 31, 2018) On July 4, 2018, the Maltese government enacted three laws whose goal is to make Malta a haven for projects that rely on blockchain and other distributed ledger technology (DLT). The Malta Digital Innovation Authority Act (MDIA Act), Innovative Technology Arrangements and Services Act (ITAS Act), and Virtual Financial Assets Act (VFA […]

Malta: Spring Bird Hunting Season Banned

(Mar. 20, 2009) For the second year in a row, the Maltese government has banned spring bird hunting season. As in 2008, the new ban is the result of a case on the issue brought by the European Commission against Malta, which is currently pending before the European Court of Justice. The Commission asserts that […]

Malta: Government Accused of Concealing Tuna Exports

(Sept. 2, 2008) It was reported on August 17, 2008, that the Maltese government has been accused of concealing its true export figures of bluefin tuna, amounting to an alleged discrepancy in value of over €100 million (approximately US$147 million) above the amount the country might normally gain from such exports. International conservation groups deem […]

Council of Europe; Malta: Convention on Proceeds from Crime and Financing of Terrorism Ratified, Will Enter into Force

(Mar. 2, 2008) On January 31, 2008, Malta became the sixth nation to ratify the Council of Europe's Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on Financing of Terrorism (of May 16, 2005). As a result, the Convention will enter into force on May 1, 2008, pursuant to article […]

Cyprus; Malta: Adoption of the Euro

(Jan. 2, 2008) As of January 1, 2008, the national currencies of two European Union Members, the pound of Cyprus and the lira of Malta, have been replaced by the euro. Thus far, 15 out of the 27 EU Members share a common currency. The two countries became full-fledged EU Members on May 1, 2004, […]